Score
2-5 yearsSuspicious Regulatory License
Suspicious Scope of Business
High potential risk
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Comparison
Quantity 1
Exposure
Score
Regulatory Index0.00
Business Index6.58
Risk Management Index0.00
Software Index4.00
License Index0.00
No valid regulatory information, please be aware of the risk
Single Core
1G
40G
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Company Name
Gemini Option
Company Abbreviation
Gemini Option
Platform registered country and region
United States
Company website
Company summary
Pyramid scheme complaint
Expose
Gemini Option 1354058211
Note: Gemini Option is to operate via the website - https://geminioption.com/, which is currently not yet functional and no information about the company was immediately available. Therefore, we could only gather relevant information from the Internet to present a rough picture of this broker.
Risk Warning
Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.
General Information & Regulation
| Feature | Detail |
| Regulation | No Regulation |
| Market Instrument | N/A |
| Account Type | Silver Plan, Gold Plan, Max Gold Plan and Diamond Plan |
| Demo Account | N/A |
| Maximum Leverage | N/A |
| Spread | N/A |
| Commission | N/A |
| Trading Platform | N/A |
| Minimum Deposit | $500 |
| Deposit & Withdrawal Method | N/A |
Gemini Option, a trading name of Gemini Option Ltd, is allegedly a financial services company registered in the United States that claims to provide its clients with four different investment plans. Here is the home page of this brokers official site:
As this brokerage's website cannot be accessed, we were unable to obtain further details about its trading assets, leverage, spreads,trading platforms, etc.
As for regulation, it has been verified that Gemini Option currently has no valid regulation. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.32/10. Please be aware of the risk.
Investment Plans
Gemini Option claims to offer four different investment plans - Silver Plan, Gold Plan, Max Gold Plan and Diamond Plan, with minimum initial deposit requirements of $500, $1,000, $11,000 and $50,000 respectively. In comparison, licensed brokers allow setting up a starter account with a minimum deposit of $100 or even less.
Deposit & Withdrawal
The minimum initial deposit requirement with Gemini Option is said to be $500. Without access to its official site, we cannot say what kind of payment methods are actually available with the broker.
Customer Support
Gemini Options customer support can be reached by telephone: +1(845)-393-4231, email: support@geminioption.com. Company address: 211 E 13th St, New York, NY 10009, USA.
Pros & Cons
| Pros | Cons |
| • Multiple investment plans offered | • No regulation |
| • Website inaccessible | |
| • HIgh minimum deposit required |
Frequently Asked Questions (FAQs)
| Q 1: | Is Gemini Option regulated？ |
| A 1: | No. It has been verified that Gemini Option currently has no valid regulation. |
| Q 2: | What is the minimum deposit for Gemini Option？ |
| A 2: | The minimum initial deposit to start a Silver Plan is $500, while $1,000 for the Gold Plan, $11,000 for the Max Gold Plan and $50,000 for the Diamond Plan. |
| Q 3: | Is Gemini Option a good broker for beginners？ |
| A 3: | No, Gemini Option is not a good choice for beginners. Not only because of its unregulated condition, but also because of its inaccessible website and too high initial deposit. |
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